Ningbo Shanshan Co.,Ltd.

SHSE:600884 Stock Report

Market Cap: CN¥15.6b

Ningbo ShanshanLtd Balance Sheet Health

Financial Health criteria checks 2/6

Ningbo ShanshanLtd has a total shareholder equity of CN¥23.0B and total debt of CN¥17.1B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CN¥47.6B and CN¥24.6B respectively. Ningbo ShanshanLtd's EBIT is CN¥45.0M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥3.8B.

Key information

74.7%

Debt to equity ratio

CN¥17.14b

Debt

Interest coverage ratio0.09x
CashCN¥3.84b
EquityCN¥22.96b
Total liabilitiesCN¥24.62b
Total assetsCN¥47.58b

Recent financial health updates

Recent updates

Here's Why Ningbo ShanshanLtd (SHSE:600884) Is Weighed Down By Its Debt Load

Dec 26
Here's Why Ningbo ShanshanLtd (SHSE:600884) Is Weighed Down By Its Debt Load

Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Shares Leap 32% Yet They're Still Not Telling The Full Story

Oct 01
Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Shares Leap 32% Yet They're Still Not Telling The Full Story

Does Ningbo ShanshanLtd (SHSE:600884) Have A Healthy Balance Sheet?

Sep 27
Does Ningbo ShanshanLtd (SHSE:600884) Have A Healthy Balance Sheet?

Market Cool On Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Revenues

Jul 01
Market Cool On Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Revenues

Is Ningbo ShanshanLtd (SHSE:600884) Using Too Much Debt?

May 24
Is Ningbo ShanshanLtd (SHSE:600884) Using Too Much Debt?

Ningbo ShanshanLtd's (SHSE:600884) Shareholders Have More To Worry About Than Only Soft Earnings

May 02
Ningbo ShanshanLtd's (SHSE:600884) Shareholders Have More To Worry About Than Only Soft Earnings

Time To Worry? Analysts Are Downgrading Their Ningbo Shanshan Co.,Ltd. (SHSE:600884) Outlook

May 01
Time To Worry? Analysts Are Downgrading Their Ningbo Shanshan Co.,Ltd. (SHSE:600884) Outlook

Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Shares Lagging The Market But So Is The Business

Mar 21
Ningbo Shanshan Co.,Ltd.'s (SHSE:600884) Shares Lagging The Market But So Is The Business

Financial Position Analysis

Short Term Liabilities: 600884's short term assets (CN¥17.8B) exceed its short term liabilities (CN¥13.7B).

Long Term Liabilities: 600884's short term assets (CN¥17.8B) exceed its long term liabilities (CN¥10.9B).


Debt to Equity History and Analysis

Debt Level: 600884's net debt to equity ratio (57.9%) is considered high.

Reducing Debt: 600884's debt to equity ratio has increased from 47.1% to 74.7% over the past 5 years.

Debt Coverage: 600884's debt is not well covered by operating cash flow (13.7%).

Interest Coverage: 600884's interest payments on its debt are not well covered by EBIT (0.1x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 07:36
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ningbo Shanshan Co.,Ltd. is covered by 20 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jimmy HuangBNP Paribas Securities (Asia)
Cheng ShenBOCI Research Ltd.
Bo Hua WuChangjiang Securities Co. LTD.